Climate investing has gained significant momentum in recent years, as governments, institutions and companies gear up their decarbonisation efforts. Within the energy investment space alone, capital invested in wind and solar assets, electric vehicles, nuclear power, hydrogen, energy efficiency and supporting grid work topped $1.1trn in 2022. Just as importantly, revenue from the energy transition, … Read more
Funds with exposure to the fossil fuel industry will no longer be eligible to use the state socially responsible investment (SRI) label in France, after a public consultation submitted proposals for a new standard. Based on the recommendations of the consultation, which launched in October 2021, French minister Bruno Le Maire has unveiled a more … Read more
The CFA Institute has launched a certificate providing financial professionals with climate-related investment expertise to meet market demand for staff with specific climate analysis skills. Incorporating practical and applied skills from practitioners based across the globe, the Climate Risk, Valuation and Investing Certificate is designed to support investors as they seek to account for climate-related … Read more
The Financial Reporting Council (FRC) has decided to take forward fewer than half its proposed changes to the UK Corporate Governance Code, with many ESG-related proposals dumped, following feedback to its consultation on the issue. Scrapped proposals include those relating to the role of audit committees on ESG, and modifications to existing code provisions around … Read more
The theme for this year’s PRI in Person conference, supported by the United Nations, was “moving from commitments to action”. Fittingly, much of the discussion focused on how investors and other market participants can accelerate the adoption of more sustainable practices. This year’s conference, held in Tokyo, provided a platform for Principles for Responsible Investment … Read more
A global effort to standardize investment terms related to sustainable investing is underway, and it is long overdue. Like trying to navigate without a map, communication can become potentially confusing without clear definitions and parameters. Equally, more specific definitions will help guide the financial sector to better understand the investment philosophies, approaches and aims of … Read more
Natixis Investment Managers has appointed Laura Kaliszewski as global head of client sustainable investing, leading a team that supports clients in its sustainable investing goals. Kaliszewski initially joined Natixis IM in 2020 and served as head of sustainable investment solutions, after gaining experience in sustainable and impact investing, portfolio management, credit and risk with firms … Read more
While an ill-informed ESG backlash continues to dominate some corners of the globe, in other parts another debate is taking place: should E, S and G themes be siloed and the bundling of ESG disbanded? It’s a debate that was reignited by a provocative leader in the Economist in 2022, which argued ESG funds should … Read more
A group of nearly 30 international investors is urging governments to “maintain ambition” when it comes to creating a legally binding treaty on plastic pollution. Coordinated by the Dutch Association of Sustainable Investors (VBDO), the group has sent a letter to members of the High Ambition Coalition to End Plastic Pollution governments, which have a … Read more
The number of companies setting net-zero targets has risen by more than 40% but the quality of target-setting must urgently improve, Net Zero Tracker has found. The organisation assesses net-zero targets in the Forbes Global 2000 list of the world’s largest companies. It found the number of company net-zero targets has risen by more than … Read more